Paulson Says Paris Agreement Must Focus on Biggest Economies

  • ‘We need to take Paris to the next step,’ said Paulson
  • Ex-Treasury secretary has joined TPG to run climate fund
Hank PaulsonPhotographer: Tiffany Hagler-Geard/Bloomberg
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The Paris climate agreement needs to focus on the biggest economies rather than all of them, said former Treasury secretary Hank Paulson.

“We need to take Paris to the next step,” Paulson said in an interview at Bloomberg’s Year Ahead event on Wednesday. “We are going to need new mechanisms to bring major economies together.”